Urjit Patel appointed new RBI Governor

Urjit Patel appointed new RBI Governor
Urjit Patel appointed new RBI Governor

NEW DELHI: RBI’s Deputy Governor Urjit Patel was today appointed as the next Governor of the central bank after Raghuram Rajan demits office on September 4.

52-year-old Patel has been appointed as new RBI Governor, official sources said today.

He was first appointed as Deputy Governor for three years in January 2013 and was given an extension this January.

Patel has been known as ‘inflation warrior’ of Rajan, who made a surprise announcement in June that he would return to academia after end of his current three-year tenure. (AGENCIES)